IOTA (MIOTA) Price Prediction: Currency Set To Rebound at $1 in 2019

Published 3m ago via zycrypto.com

ZyCrypto via zycrypto.com

MIOTA is having a good 2019 so far based on the recent development at the IOTA community. Unlike other cryptocurrencies, IOTA does not deploy the blockchain, however, it stores data of transactions in a block-less distributed ledger. This is based on a number of factors around the IOTA foundation.

IOTA has successfully marketed its services to the IoT industry with the crypto gaining traction in the community. According to IOTA, over 600 firms have shown the interest of partnering with the foundation. Notably, IOTA is taking over the motor vehicle industry with recent partnerships with Audi, Jaguar and Range Rover.

An analysis of IOTA in May shows that the asset grew by a total of 84% from its low point of $0.25 in April. Note that IOTA is among assets that have managed to remain green even when the rest of the market turns red. The IOTA Foundation is also looking into the future with plans to publish technical guides and documentation to set up a marketplace that seeks to revolutionize ownership values and trust.

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